Highest observed
Bahrain
$1.2K/tPremium
Export price comparison
Saudi Arabia iron: non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary forms export prices (HS6 720110)
Compare Saudi Arabia export unit values across reported markets, then see which destinations sit above, near, or below their market median.
Price spread
148.6%Highest versus lowest market priceTotal trade value
$344.1MReported value across marketsAverage quantity
44,390 tAverage reported market quantityMarkets compared
9Markets with price observationsPrice snapshot
How does Saudi Arabia price iron: non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary forms globally?
Saudi Arabia has a median reported export price of $557.2/t across 9 markets. Across the reported period, the highest observed market price is $1.2K/t in Bahrain; the lowest is $395.2/t in USA, Puerto Rico and US Virgin Islands.
Price range
From the lowest to highest reported price
Reported unit values are shown per metric ton. The range uses all reported market-year observations. The market comparison below shows the latest reported year for each destination.
Lowest
$395.2/tUSA, Puerto Rico and US Virgin IslandsMedian
$557.2/tHighest
$1.2K/tBahrain
$395.2/tUSA, Puerto Rico and US Virgin IslandsMedian
$557.2/tHighest
$1.2K/tBahrain
Lowest observed
USA, Puerto Rico and US Virgin Islands
$395.2/tBudget
Destination comparison
Latest prices and market change
Compare the latest reported price with each market median, then review year-over-year movement and change since the first reported year. Period totals use the reported years shown; missing years are not filled in.
Turkey2023 · 2022–2023
Mid- Latest price
- $557.2/t
- Vs median
- +9.2%
- YoY (2022–2023)
- -16.7%
- Since 2022
- -16.7%
- Trade value (2022–2023)
- $222.1M
- Years reported
- 2
China2022 · 2022
Above- Latest price
- $733.3/t
- Vs median
- +47.1%
- Year-over-year
- Not reported
- Since 2022
- +0%
- Trade value (2022)
- $65.8M
- Years reported
- 1
China, Hong Kong Special Administrative Region2022 · 2022
Below- Latest price
- $427.7/t
- Vs median
- -37.4%
- Year-over-year
- Not reported
- Since 2022
- +0%
- Trade value (2022)
- $14.1M
- Years reported
- 1
USA, Puerto Rico and US Virgin Islands2023 · 2023
Below- Latest price
- $395.2/t
- Vs median
- -28.4%
- Year-over-year
- Not reported
- Since 2023
- +0%
- Trade value (2023)
- $14.0M
- Years reported
- 1
India2022 · 2022
Mid- Latest price
- $577.7/t
- Vs median
- -0.3%
- Year-over-year
- Not reported
- Since 2022
- +0%
- Trade value (2022)
- $11.6M
- Years reported
- 1
Bahrain2020 · 2020
Above- Latest price
- $1.2K/t
- Vs median
- +90.2%
- Year-over-year
- Not reported
- Since 2020
- +0%
- Trade value (2020)
- $61.2K
- Years reported
- 1
United Arab Emirates2023 · 2020–2023
Mid- Latest price
- $557.2/t
- Vs median
- +5.1%
- YoY (2022–2023)
- -33.7%
- Since 2020
- +22.9%
- Trade value (2020–2023)
- $16.4M
- Years reported
- 3
Kuwait2022 · 2019–2022
Below- Latest price
- $735.8/t
- Vs median
- -88%
- YoY (2019–2022)
- +82.5%
- Since 2019
- +82.5%
- Trade value (2019–2022)
- $56.9K
- Years reported
- 2
Former Arab Republic of Yemen2019 · 2019
Mid- Latest price
- $414.5/t
- Vs median
- +0%
- Year-over-year
- Not reported
- Since 2019
- +0%
- Trade value (2019)
- $829.0
- Years reported
- 1
| Market | Latest year | Latest price | Vs median | Year-over-year change | Since first year | Trade value (2022–2023) | Years reported | Position |
|---|---|---|---|---|---|---|---|---|
| Turkey | 2023 | $557.2/t | +9.2% | -16.7% | -16.7% | $222.1M | 2 | Mid |
| China | 2022 | $733.3/t | +47.1% | Not reported | +0% | $65.8M | 1 | Above |
| China, Hong Kong Special Administrative Region | 2022 | $427.7/t | -37.4% | Not reported | +0% | $14.1M | 1 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $395.2/t | -28.4% | Not reported | +0% | $14.0M | 1 | Below |
| India | 2022 | $577.7/t | -0.3% | Not reported | +0% | $11.6M | 1 | Mid |
| Bahrain | 2020 | $1.2K/t | +90.2% | Not reported | +0% | $61.2K | 1 | Above |
| United Arab Emirates | 2023 | $557.2/t | +5.1% | -33.7% | +22.9% | $16.4M | 3 | Mid |
| Kuwait | 2022 | $735.8/t | -88% | +82.5% | +82.5% | $56.9K | 2 | Below |
| Former Arab Republic of Yemen | 2019 | $414.5/t | +0% | Not reported | +0% | $829.0 | 1 | Mid |
Annual trend and growth
How reported export prices changed by year
Weighted unit value is calculated from total reported trade value divided by total reported quantity for each year. Growth compares with the prior reported year; gaps are not interpolated.
Reported weighted unit value per metric ton
2019$403.3/tFirst reported year
2020$456.2/t+13.1% vs prior reported year
2022$662.4/t+45.2% vs prior reported year
2023$536.9/t-19% vs prior reported year
| Year | Weighted price | Change vs prior reported year | Trade value | Markets |
|---|---|---|---|---|
| 2019 | $403.3/t | Not reported | $45.0K | 2 |
| 2020 | $456.2/t | +13.1% | $6.1M | 2 |
| 2022 | $662.4/t | +45.2% | $186.5M | 6 |
| 2023 | $536.9/t | -19% | $151.4M | 3 |
Price history
How selected market prices changed over time
Recent reported unit values for the leading markets in this price view.
Turkey
Mid$557.2/t latest reported unit value
China
Premium$733.3/t latest reported unit value
China, Hong Kong Special Administrative Region
Budget$427.7/t latest reported unit value
USA, Puerto Rico and US Virgin Islands
Budget$395.2/t latest reported unit value
India
Mid$577.7/t latest reported unit value
Interpretation
Use price position with context
How to read this comparison
Where does the exporter sit in the price range?
Saudi Arabia is compared with each market's own median rather than a single global average. A below-median position can indicate a lower observed unit value, while an above-median position indicates a higher one. Neither position alone establishes profitability.
Methodology and coverage
From reported trade to market position
The page turns reported trade into a comparable unit value, then compares each market with its own median.
Reported input
Unit value
For each market and year, trade value is divided by the reported quantity.
Unit valueTrade value (USD) ÷ Quantity (metric tons)
Market comparison
Vs market median
The result is compared with the median reported unit value for the same product and year.
Vs median(Market unit value − Market median) ÷ Market median × 100
AboveMidBelow
Common questions
Price positioning FAQ
What does Saudi Arabia price positioning show for HS 720110?
It compares Saudi Arabia's reported unit values across markets with each market's median for the same product and year.
What does above or below median mean?
Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.
How is the export price calculated?
The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.
Can I compare this with the wider Iron: non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary forms market?
Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.
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